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leephillips
1877 days ago
Tax on interest is at a different rate than capital gains tax.
1 comments
tartoran
1877 days ago
Which one is higher?
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leephillips
1877 days ago
I’m pretty sure that interest income is taxed, at the federal level, like wage income. In other words, at a higher rate than capital gains.
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loeg
1877 days ago
Long-term capital gains are taxed at a lower rate than ordinary income and short-term capital gains (which are taxed at income rates).
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